New energy installation capacity further increases; Silver Star Energy's revenue steadily grows by 2025

Shanghai Securities News China Securities Network News: Silver Star Energy released its annual report on the evening of March 25. In 2025, the company achieved operating revenue of 1.31 billion yuan, a year-on-year increase of 3.47%; net profit of 44.4649 million yuan, a decrease of 48.84% year-on-year; and a net cash flow from operating activities of 1.222 billion yuan, an increase of 128.18% year-on-year.

The annual report shows that as of December 31, 2025, the company’s new energy power generation installed capacity was 2.0846 million kilowatts (compared to 1.9168 million kilowatts in the same period in 2024). Among them, wind power installed capacity was 1.605 million kilowatts (distributed in Ningxia 1.2065 million kilowatts, Inner Mongolia 299,000 kilowatts, Shaanxi 99,500 kilowatts), and photovoltaic installed capacity was 479,600 kilowatts (concentrated photovoltaic 310,000 kilowatts located in Ningxia, distributed photovoltaic 169,600 kilowatts mainly in Ningxia, Gansu, Shanxi, Guangxi, Guizhou, Yunnan, Fujian, and other regions).

In terms of business segments, the company’s new energy power generation business achieved revenue of 1.249 billion yuan for the year, a year-on-year increase of 1.44%; equipment manufacturing business achieved revenue of 21.8312 million yuan, a year-on-year increase of 21.65%.

In 2025, the company accelerated the development and construction of distributed photovoltaic projects. As of now, the company has completed the approval and internal review procedures for a total of 21 distributed photovoltaic projects. Among them, 15 projects have been connected to the grid and are generating electricity, with a total grid-connected capacity of 169,600 kilowatts.

The annual report discloses that in the future, as the company’s distributed photovoltaic, green power direct connection, and centralized new energy projects continue to be built, the scale of the company’s new energy installed capacity will continue to grow, and the capacity and profitability of new energy power generation will be further enhanced. (Chen Guoqing)